Submit Policy Assignment

This Equinox Procedure is for Agents. Find a complete list here.

This procedure explains how agents can request a policy assignment through the Equinox platform. A policy assignment transfers an NFIP policy from the current policyholder to a new policyholder due to a change in ownership. The process ensures continuity of coverage while updating the named insured.

Procedural Steps

1. Download the Policy Assignment Form

* Log in to the Equinox platform and navigate to the "Resources" or "Forms" section.

Download the Policy Assignment Form.

2. Complete the Assignment Form

* Fill out the form with the following details:

 * Current policyholder information (name, address, policy number)
 * New policyholder information (name and contact details)
 * Transfer effective date

Ensure signatures from both the current and new policyholders are included.

3. Attach Supporting Documentation

* Collect and upload required documentation, such as:

 * Proof of ownership transfer (e.g., deed or sales agreement)
 * Authorization from both parties for the policy transfer

Verify that all uploaded files are properly labeled and linked to the policy record.

4. Submit the Policy Assignment Request

* Navigate to the "Policy Actions" menu and select "Submit Policy Assignment."

Attach the completed form and supporting documents, ensuring all information is accurate.

5. Confirm Submission

* Review the submission confirmation to ensure the request has been processed.

Notify the new policyholder and the agent of record about the successful assignment.

Additional Details

NFIP Guidelines Reference: Guidance on policy assignments, including required documentation and timelines.
Equinox Quick Guide: Instructions for submitting policy assignment requests in the platform.
FAQs for Agents: Common questions about policy assignments (e.g., "What happens if the assignment request is submitted after the effective date?").

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